Courses and programs offered
Bachelor of Economics (LBE)
Admission requirements
Admission requirements are VCE units 3 and 4 of English (any) and mathematics (any) with a study score of at least 20 in each. Applicants with comparable qualifications will be considered. A limited number of students may also be considered under Special Entry Schemes.
Degree requirements
Students must complete a course of subjects accumulating at least 360 credit points, including subjects offered in business disciplines which total at least 270 credit points. The course is designed to be completed within three years of full-time study, although part-time study is possible. Maximum course duration is 10 years.
Students should undertake 120 credit points at each year level and must undertake at least 120 credit points at third year level including 90 credit points at third year level from the School of Business. Variations to this structure are subject to approval by a School of Business course adviser.
Course structure
Students must pass the compulsory and elective subjects listed below. All subjects are worth 15 credit points.
First year
| Teaching period |
Subject title | Subject code |
|---|---|---|
| TE-SEM-1 or TE-SEM-2 |
Introductory Statistics for Business | ECO1ISB |
| TE-SEM-1 or TE-SEM-2 |
Macroeconomics | ECO1IMA |
| TE-SEM-1 or TE-SEM-2 |
Management Information Systems | BUS1MIS |
| TE-SEM-1 or TE-SEM-2 |
Microeconomics | ECO1IMI |
| TE-SEM-1 | History of Globalisation | ECO1HOG |
| TE-SEM-1 or TE-SEM-2 |
Two first year elective subjects | |
| plus one of: | ||
| TE-SEM-2 | Introduction to Quantitative Analysis* | ECO2IQA |
| TE-SEM-1 | Calculus and Functions for Economics* | MAT1CFE |
Key: * Students with a strong background in mathematics, including VCE Mathematical Methods or Specialist Mathematics, are urged to consider taking MAT1CFE instead of ECO2IQA and to take MAT1CLA as a first year elective.
Second year
| Teaching period |
Subject title | Subject code |
|---|---|---|
| TE-SEM-1 | Intermediate Statistics for Business | ECO2ISB |
| TE-SEM-1 | Microeconomic Theory | ECO2MIT |
| TE-SEM-2 | Macroeconomic Theory | ECO2MAT |
| TE-SEM1 or TE-SEM-2 | Finance | FIN2FIN |
| TE-SEM-1 or TE-SEM-2 |
Four second or third year economic subjects* |
Third year
| Teaching period |
Subject title | Subject code |
|---|---|---|
| TE-SEM-1 | Microeconomic Analysis | ECO3MIA |
| TE-SEM-2 | Macroeconomic Analysis | ECO3MAA |
| TE-SEM-1 or TE-SEM-2 |
Four third year economics subjects* | |
| TE-SEM-1 or TE-SEM-2 |
Two third year elective subjects |
Key: Economics subjects include any subjects required for the economics specialisations listed below.
Economics areas of specialisation
(See Student Services in the Faculty of Law and Management for details of subjects required for specialisations.)
- Macroeconomic Analysis and Policy
- Microeconomic Analysis and Policy
- Business Economics
- International Trade and Finance
- Business Models and Forecasting
- Resource and Environmental Economics
Students intending to undertake honours are advised to take either Time Series Econometrics ECO3ITE or Econometric Methods ECO2EME in their third year.
Professional recognition
By completing approved subjects, graduates may satisfy the educational requirements of the Financial Services Institute of Australasia (FINSIA). See School of Economics and Finance for details.